WPI inflation eases to 0.13% in September
Image used for representation purpose only. | Photo Credit: Getty Image/iStockphoto Wholesale price index (WPI)…
Stock markets rebound tracking rally in global peers; Sensex rallies 899 points
Image used for representational purposes. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty bounced back on Thursday (March 5, 2026), closing higher by more than 1% in line with a rebound in global equities after recent sharp losses due to the conflict in West Asia. Snapping its four-day decline, the 30-share BSE…
Rupee rebounds from lowest level to settle 45 paise higher at 91.60 against U.S. dollar
Image for representational purposes only. | Photo Credit: PTI The rupee rebounded from its lowest level and settled with a gain of 45 paise at 91.60 (provisional) against U.S. dollar on Thursday (March 5, 2026) on the back of a buying trend in domestic equity markets and reports of Reserve Bank intervention. According to forex…
Iran-Israel war poses near-term challenges to Indian economy: RBI MPC member
Plumes of smoke rise as strikes hit the city during the U.S.‚ Israeli military campaign in Tehran, Iran, on March 5, 2026. | Photo Credit: AP “Conflict in West Asia poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum,” an external member of the Reserve Bank of…
Why are Gold prices rising today?
Gold prices remained elevated on Thursday, holding above $5,100 on COMEX as safe-haven demand continued to underpin precious metals amid escalating geopolitical tensions and uncertainty over US trade policy. Renisha Chainani, Head of Research at Augmont, noted that gold has recovered roughly 5 per cent from recent lows to trade above $5,200, while silver has…
Stock markets rebound in early trade tracking rally in global peers
Image used for representational purposes. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty bounced back in early trade on Thursday (March 5, 2026), tracking a rebound in global equities, after facing heavy losses in the past few trading sessions due to the conflict in West Asia. The 30-share BSE Sensex jumped…
Rupee rebounds from all-time low, gains 48 paise to 91.57 against U.S. dollar in early trade
Image used for representational purposes. File | Photo Credit: PTI Rupee recovered from its lowest level and gained 48 paise to trade at 91.57 against the U.S. dollar in early trade on Thursday (March 5, 2026), tracking positive momentum in domestic equity markets. However, higher crude oil prices, a strengthening American currency and intense selling…
Gold gains on safe-haven demand as West Asia conflict widens
Gold rose on Thursday as the widening West Asia conflict drove investors towards the safe-haven asset, while a softer dollar also lent support to bullion prices. Spot gold climbed 0.8 per cent to $5,177.26 per ounce by 0249 GMT. US gold futures for April delivery were up 1 per cent at $5,186.40. The US dollar…
Joy Alukkas expects gold price to rise amid global tensions
Joy Alukkas, an Indian tycoon who built one of the world’s biggest family-owned jewelers, sees gold prices tracking higher over the coming years in response to a world hit by geopolitical and economic risks. The US attacks on Iran and surprise retaliatory drone strikes on Dubai that struck the city’s airport and landmark Burj Al…
Coal, aluminium, gold will likely gain from Iran war
Coal prices have increased by 18 per cent, aluminium rates by 6 per cent, and gold stands to gain significantly due to the hostilities in the Persian Gulf with the US, and Israel pitted against Iran. “Following US-Israeli strikes on Iran over the weekend of February 28-March 1, we think gold could reach a new…
Raging West Asia war casts gloom on gems, jewellery exports
India’s gem and jewellery exports to GCC (Gulf Cooperation Council) countries have grown significantly from $5.4 billion in 2021–22 to about $8.3 billion in 2024–25, reflecting the region’s increasing importance for Indian exporters. | Photo Credit: SAHIBA CHAWDHARY The ongoing war in West Asia and the disruptions on global shipments will have a major impact…
